Saw the market cap of his main company, Henderson Land, drop by a quarter last year amid investor worries about Hong Kong and mainland real estate prices.

Saw the market cap of his main company, Henderson Land, drop by a quarter last year amid investor worries about Hong Kong and mainland real estate prices. Added 6.8 percentage points to his Henderson Land stake in a sign of confidence as profits rose. His Miramar Group has expanded into China's hot luxury retail market, aiming to increase its number of DKNY stores to 20 at the end of 2011.

Methodology:
Unlike our billionaire rankings, our Hong Kong list includes fortunes that are shared among extended families. For that reason we have combined the wealth of Li and Fung siblings William and Victor Fung this year. The list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges and analysts. Stock prices and exchange rates were locked in on Dec. 17. Private companies were valued based on comparisons with prevailing earnings or other financial ratios.
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